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Turkish president calls for boycott of American electronics

2018-08-14 14:09:00| Telecompaper Headlines

(Telecompaper) Turkey's President Recep Tayyip Erdogan has called for a boycott of American electronics, after the US imposed economic sanctions against the country and raised tariffs on Turkish goods. Erdogan said the country did not need Apple's iPhones, as it could opt for non-American producers like Samsung or the home-grown consumer electronics maker Vestel and its Venus range of smartphones, reports Ankara news agency. 

Tags: american electronics president calls


Deutsche Telekom CEO calls for joint investment in fibre by 1&1

2018-08-14 10:37:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom CEO Tim Hoettges has called on 1&1 to invest jointly in rolling out fibre in Germany. In an interview with the Funke group newspapers, Hoettges said the alternative operator should show it's ready to invest in infrastructure. He also warned against national roaming requirements in the upcoming spectrum auction, something 1&1's parent United Internet supports. 

Tags: investment calls joint deutsche


European Commission delays decision on T-Mobile, Tele2 NL merger to end-November

2018-08-14 10:17:00| Telecompaper Headlines

(Telecompaper) The European Commission has pushed out its deadline for deciding on the takeover of Tele2 Netherlands by T-Mobile. The competition investigation should be decided by 30 November, rather than the original date of 27 October, the Commission announced on its website. 

Tags: to decision european commission


Four foreign firms bid to acquire 50% of NetOne - report

2018-08-14 09:29:00| Telecompaper Headlines

(Telecompaper) Four foreign firms, including a US-funded Lebanese consortium and a South African telecommunications giant, are jostling to acquire between 45 percent and 50 percent of Zimbabwe's NetOne, The Independent reported, citing sources. According to the newspaper, other suitors are an UAE-based firm and group of investors in the diaspora. Insiders with details of the deal say the potential investors had shown a willingness to clean up NetOne's balance sheet and inject fresh capital into the state-run entity.

Tags: report foreign bid firms


Netflix CFO to step down once successor found

2018-08-13 15:19:00| Telecompaper Headlines

(Telecompaper) Netflix announced that its CFO David Wells plans to step down after helping the company choose his successor. The search will include both internal and external candidates, the company said. 

Tags: found step successor cfo


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